Spanish Ceramic Tile Manufacturers See 6% Sales Increase in 2015
End-of-year forecasts for the Spanish ceramic tile manufacturing industry for 2015 indicate a position of stability and a slight rise in total sales of around 6%, totaling €3.07 billion (approximately $3.45 billion), according to the Spanish Ceramic Tile Manufacturers’ Association. 2015 was marked by a slowdown in exports, especially during the first half of the year. Reportedly growth is forecasted around 5%, or approximately €2.44 billion (~ $2.74 billion). Spanish production of ceramic wall and floor tile is forecast to experience a moderate growth rate of around 3% in 2015. Employment in the sector remains stable.
Sales in Spain reportedly are no longer falling, and indications show the year will close with a higher growth rate than in previous years (possibly as high as 10%). However, the initial figures are low and the spike in activity will not bring major growth. As the recovery of the Spanish economy continues, consumer spending will rise and the potential focus on renovation and refurbishment could give the sector a boost.
Spain is currently the largest exporter of ceramic tile in the EU and the world’s second largest exporter. It is also Europe’s biggest producer. The ceramic tile industry ranks third among the sectors that contribute most to Spain’s trade surplus of €2.25 billion (~$2.52 billion) in 2014.
Between January and November 2015, exports to 185 countries stood at €2.26 billion (~ $2.54 billion), a 5.2% rise over the same period in 2014. By zones, Europe continues to be the natural market for Spanish ceramic tiles, accounting for 45% of all exports (37% to the EU), as of November. In non-European markets, the Middle East accounted for 21.5% of all exports, a 10.3% rise compared with the period between January and November 2014. In addition, exports to Asia rose 10.7%, accounting for 25% of total exports. In the U.S., the increase exceeded 40%, accounting for 6% of total exports. The value of imports between January and November 2015 stood at €63.4 million(~$70.9 million), a 10% drop from 2014.
Despite the current difficulties, worldwide consumption of ceramic tiles is set to continue to rise, and the Spanish ceramic tile sector boasts a consolidated position thanks to its global leadership in R&D&I and its high degree of internationalization.
For more information, visit www.ascer.es.